1 in 3 Americans can't come up with $2,000—here's how much you should be saving

[playmaker88]

i do agree people should have a plan to save however in some cases it just not possible.. if you start in your youth you definitely have the upper hand because once you have a family and monthly responsibilities.. life comes at you fast. The reality is people need to be responsible with the money they spend but also.. the cost of living and low wage eats away at your saving potential

 

[Stew]

i do agree people should have a plan to save however in some cases it just not possible.. if you start in your youth you definitely have the upper hand because once you have a family and monthly responsibilities.. life comes at you fast. The reality is people need to be responsible with the money they spend but also.. the cost of living and low wage eats away at your saving potential

If only they would teach you things like this in school, hmmm.

 

[caddo man]

I was taught in school to save but my parents didnt. My grandmother didnt. No one in my immediate family did. So I didnt.

I didnt start saving until I was evicted and my car broke down on me. Which was my second car because the first one, I wrecked 5 months earlier. This was 1999.

I started hanging out with this young sailor and he was buying new shoes every paycheck. But he was also sending his checks home. Apparently he was saving in advance knowing he wanted those shoes but he also had to take care of home. He helped me save $100 a paycheck. It was hard cause I knew that money was there, but he convinced me not to touch it. I actually forgot about that money and 3 years later. I was sitting on over 4 thousand.

I had saved more money than both of my parents put together had in assets at the time. Think about that.

 

[2stepz_ahead]

while they don't teach it in school ...you are not limited or stop learning once you leave school.

plenty of help on this site and plenty of people to help you here aswell

 

[2stepz_ahead]

I was taught in school to save but my parents didnt. My grandmother didnt. No one in my immediate family did. So I didnt.

I didnt start saving until I was evicted and my car broke down on me. Which was my second car because the first one, I wrecked 5 months earlier. This was 1999.

I started hanging out with this young sailor and he was buying new shoes every paycheck. But he was also sending his checks home. Apparently he was saving in advance knowing he wanted those shoes but he also had to take care of home. He helped me save $100 a paycheck. It was hard cause I knew that money was there, but he convinced me not to touch it. I actually forgot about that money and 3 years later. I was sitting on over 4 thousand.

I had saved more money than both of my parents put together had in assets at the time. Think about that.

i hate that alot of us have to learn such an easy thing the hard way...I also had to lesrn the hard way...so I feel your pain.

that's why it's up to us go make it easier for the next generation

 

[T. Sanford]

I was taught in school to save but my parents didnt. My grandmother didnt. No one in my immediate family did. So I didnt.

I didnt start saving until I was evicted and my car broke down on me. Which was my second car because the first one, I wrecked 5 months earlier. This was 1999.

I started hanging out with this young sailor and he was buying new shoes every paycheck. But he was also sending his checks home. Apparently he was saving in advance knowing he wanted those shoes but he also had to take care of home. He helped me save $100 a paycheck. It was hard cause I knew that money was there, but he convinced me not to touch it. I actually forgot about that money and 3 years later. I was sitting on over 4 thousand.

I had saved more money than both of my parents put together had in assets at the time. Think about that.

It should be taught in school but also it should be taught at home first. Luckily, my society influenced me to save by learning from their trials. But its not taught in school because America eat off of debt

 

[AP21]

i do agree people should have a plan to save however in some cases it just not possible.. if you start in your youth you definitely have the upper hand because once you have a family and monthly responsibilities.. life comes at you fast. The reality is people need to be responsible with the money they spend but also.. the cost of living and low wage eats away at your saving potential

If only they would teach you things like this in school, hmmm.

nah b...lets keep analyzing how impactful Beowolf and Gulliver's Travels are

who needs to know about money management in high school

dem chicks aint checking for you if you cant articulate the trials and tribulations in the Canterbury Tales

 

[caddo man]

Like I said. I learned about saving in school but when "You gone die and someone else gon spend your money" is taught at home. That shit dont matter.

Even today my pops makes damn near $3gs a month in retirement checks and this nigga stay broke. I told him that he should have a minimum of $300 left in his bank account, not savings. Banking account. This mfer look at me as if I told him I had the cure for cancer. Bad money management is passed down generation after generation. I still am not the best but I know the basics and I have it down pat.

 

[playmaker88]

Some people life circumstances dont allow them to.. then again like i said there are other who have poor choices.. who try to keep up/pay for prestige/spend for self esteem and/or validation

 

[Stew]

Like I said. I learned about saving in school but when "You gone die and someone else gon spend your money" is taught at home. That shit dont matter.

Even today my pops makes damn near $3gs a month in retirement checks and this nigga stay broke. I told him that he should have a minimum of $300 left in his bank account, not savings. Banking account. This mfer look at me as if I told him I had the cure for cancer. Bad money management is passed down generation after generation. I still am not the best but I know the basics and I have it down pat.

Real shit.

 

[banginscrew901]

My dad told me once I started working to put 50$ away every week this is when I was 16....... hard as hell to do at that time as better jobs came a long I upped what I put away still do it to this day although I pinch off it couple times I try not to touch it at all and it's In a saving acct

 

[Lurkristocrat]

i do agree people should have a plan to save however in some cases it just not possible.. if you start in your youth you definitely have the upper hand because once you have a family and monthly responsibilities.. life comes at you fast. The reality is people need to be responsible with the money they spend but also.. the cost of living and low wage eats away at your saving potential

If only they would teach you things like this in school, hmmm.

This and starting a business

 

[CapitalB]

i do agree people should have a plan to save however in some cases it just not possible.. if you start in your youth you definitely have the upper hand because once you have a family and monthly responsibilities.. life comes at you fast. The reality is people need to be responsible with the money they spend but also.. the cost of living and low wage eats away at your saving potential

If only they would teach you things like this in school, hmmm.

now why would they do that?! lmao

 

[CapitalB]

my method of saving??

make more than u can spend! hahaha

when i left home i was only good at saving for bills..

like id go out do whatever but not before i set my bill money aside..

and if i paid all my bills and was broke id jus sit my ass down.. but savin jus to save i never could do.. still cant..

im too impulsive..

sometimes i do shit to trick myself.. like buy a video game.. cause i know if i stay in the house i cant spend no money. smmfh

 

[EmM HoLLa.]

my method of saving??

make more than u can spend! hahaha

when i left home i was only good at saving for bills..

like id go out do whatever but not before i set my bill money aside..

and if i paid all my bills and was broke id jus sit my ass down.. but savin jus to save i never could do.. still cant..

im too impulsive..

sometimes i do shit to trick myself.. like buy a video game.. cause i know if i stay in the house i cant spend no money. smmfh

Yo Bro.. I came in this thread at least 4 times and each time started to type that and said aaah fuck it.. Niggaz aint gonna feel me.. lmao.. And here you go hahaha...

I aint say it.. haha..

 

[Mister B.]

Fuck waiting in school to learn finance. I was always good with managing money, even growing up when I got allowances. I know how to make dollars stretch, and how to budget.

That, more than anything has helped me mature, because I'm always going to be good working with funds.

 

[numbaz...80's baby]

$2000 aint shit, need counseling if they cant come up with 2 bands.

 

[LUClEN]

Damn I'm behind

 

[Cabana_Da_Don]

It´s a system to hold you down ficancially.Lets be serious the right thing to do is poor people unity.Make there own bank and roll on the 1%.

 

[2stepz_ahead]

$2000 aint shit, need counseling if they cant come up with 2 bands.

don't do that bruh.....everybody aint making the same